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<span id="docs-internal-guid-b8a7b4c2-7ad5-9574-b1e6-268ba45945ff"><span style="font-size: 15px; font-family: Calibri; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">First, we need to focus on the current environmental factors in the university. In Jeff’s case there were multiple:</span></span>
<ol style="margin-top:0pt;margin-bottom:0pt;">
<li><span id="docs-internal-guid-b8a7b4c2-7ad5-9574-b1e6-268ba45945ff"><span style="vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Commercialization of every department giving the university an excellent revenue stream.</span></span></li><li><span id="docs-internal-guid-b8a7b4c2-7ad5-9574-b1e6-268ba45945ff"><span style="vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Government act allowed university to commercialize innovations.</span></span></li><li><span id="docs-internal-guid-b8a7b4c2-7ad5-9574-b1e6-268ba45945ff"><span style="vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Lack of motivation by inventors due to university owning intellectual rights.</span></span></li><li><span id="docs-internal-guid-b8a7b4c2-7ad5-9574-b1e6-268ba45945ff"><span style="vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Overworked technology development staff spread across many disciplines</span></span></li><li><span id="docs-internal-guid-b8a7b4c2-7ad5-9574-b1e6-268ba45945ff"><span style="vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Express license agreement was formed, but still had to negotiate with the university on many sections.</span></span></li><li><span id="docs-internal-guid-b8a7b4c2-7ad5-9574-b1e6-268ba45945ff"><span style="vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">University leverages the fact that they paid for the patent over the inventors.</span></span></li>
<li><span id="docs-internal-guid-b8a7b4c2-7ad5-9574-b1e6-268ba45945ff"><span style="vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">University focus on big hitters instead of facilitating many medium/small hitters.</span></span></li>
</ol>
<span id="docs-internal-guid-b8a7b4c2-7ad5-fb46-00e5-ab4899de8755"><span style="font-size: 15px; font-family: Calibri; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">The first solution Jeff tried was to start conversations around graduate students and university leadership, however in Jeff’s case this was not successful. What he did find successful was finding the chief executive that was in charge of entrepreneurship or innovation. Once he found them, he reviewed IP policies from around the country and then made suggestions to which he worked with lawyers in order to make some of these changes happen. Some of the reasons he used to convince the university about the benefits of supporting projects in the Valley of Death, or the time between patent and commercialization, was the fact the university would be compounding returns by educating students and faculty, building serial entrepreneurs, and get a return on their investment. Right now, the university president has said ‘any projects that undergraduate students work on, they are allowed to keep their IP.’, but there is not clarity amongst graduate students or faculty.</span></span>
== Ideal State ==
<span id="docs-internal-guid-b8a7b4c2-7ad7-1e49-f1e9-3ef3ff828674"><span style="font-size: 15px; font-family: Calibri; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">The key argument to make is that there is potential for Universities to invest in the interim development of licensable and patentable technology to make them more palatable products. This requires a conducive environment between the time of ideation and commercialization. The biggest struggle is finding existing examples either on the University or elsewhere about University-supported and developed ventures. It is important for students to get into the conversation regarding this, and to help move the discussion forward.</span></span>
== <span><span style="font-size: 15px; font-family: Calibri; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">Tips</span></span><br/> ==
<span><span style="font-size: 15px; font-family: Calibri; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;"></span></span><span style="color: rgb(0, 0, 0); font-family: Calibri; font-size: 15px; white-space: pre-wrap; line-height: 1.07916666666667; background-color: transparent;">-Find the graduate students, and/or office hours, and elicit their assistance.</span>
<span id="docs-internal-guid-5c4ee3a1-7ad7-7385-b054-f8d72a1ba0f7"><span style="font-size: 15px; font-family: Calibri; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">-Find a faculty member that is receptive, and leverage them to make contact</span></span>
<span id="docs-internal-guid-5c4ee3a1-7ad7-7385-b054-f8d72a1ba0f7"><span style="font-size: 15px; font-family: Calibri; color: rgb(0, 0, 0); vertical-align: baseline; white-space: pre-wrap; background-color: transparent;">-Focus on ways to encourage students and faculty to actively pursue startups</span></span>
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